Current Market Data

Houston’s Most Competitive Suburbs in May

Following up last week’s examination of Houston’s top selling suburbs in May, in which Spring claimed the top spot, we further delved into our Redfin-provided data to determine which suburban markets were most competitive. Friendswood and Seabrook, which came

Texas Home Prices Rise Strongly in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Texas continued to post strong gains in Standard & Poor’s latest Case-Shiller Home Price Indices, with prices in Dallas rising 1.1 percent from March

Builders Trade Entry-Level for High-End

Construction is down in the market’s lower end, and economists say they know why The construction industry continues to make strides bringing more new homes to the market, a Census Bureau report on housing permits recently showed. But while

Pending Home Sales Now at 9-Year High

May was a solid month for pending home sales activity, but uncertainty remains for housing’s future Pending home sales continued their hot streak in May, rising by monthly and yearly measurements to their highest level in nine years, according to

The Most Underrated Reason for Housing’s Slow Recovery

Two surveys, one from Bankrate and another from Capital One, spotlight Americans’ financial insecurities Twenty-nine percent of Americans have no emergency savings, and another 21 percent only have enough savings to cover three months of expenses. Those troubling statistics came

Negative Equity Still a Problem in Houston

Progress has been made on negative equity front, but troubling trends persist In the Houston housing market, only 6.5 percent of mortgage holders remain underwater, but a majority of those holders will not reach positive equity for some time. That was the sobering

Value of Building Green

Some builders have avoided green building for fear of costs. Turns out, it could help them make money Environmentalists have long urged developers to design more green buildings, but faced with the high immediate cost of sustainable materials and

Houston Among Most Affordable Housing Markets for Millennials

In a housing market pitted against the youngest generation, Houston remains affordable for Millennials. Although skyrocketing housing costs and limited space have kept Millennials from buying housing in popular metropolitan areas, Huston housing is still in the range of

Houston: Affordably Overvalued

Data labels Houston both overvalued and affordable. Which is it? In a dual series of reports released recently by Forbes, Houston is targeted as both a city suffering from overvaluation, and one benefiting from its relative affordability. From the

Houston’s Top Selling Suburbs in May

Houston’s suburbs posted strong sales in May Much was the same in Houston’s suburbs this past May, as Spring and Katy continued leading in total sales – though, their positions were reversed from April – according to new data

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

Top 10 Dangers Facing Brokers Today

Brokers and their businesses face 10 big dangers – none of them easily solved The real estate industry is on a precipice, and how it falls from that point will determine its future. That was the central statement – if not

Multifamily Housing is Driving New Construction in 2015

New construction up in 2015, rising on the shoulders of the multifamily sector Housing starts may have been down 11.1 percent from April to May in the Census Bureau’s latest report, but building permits were an entirely different story.

CoreLogic: Equity Nears 100% in Houston

CoreLogic’s newest equity report finds rising home values have pushed 90 percent of homeowners into positive equity A new analysis from CoreLogic found that rapacious home price appreciation over the last year has had the well-received effect of dredging the

CoreLogic: Cash Leaves Houston, Homebuyers Rejoice

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

Multifamily New Construction Rises Dramatically in Houston

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

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